Hello Traders,
Hope you are having an amazing Monday.
My overall perspective on gold remains bearish still. Although we had a great 20$ rejection from 1700 Institutional Level, we do believe that there is another leg to the downside where the major liquidity points lie.
I have indicated the general idea and forecast with arrows on the chart.
Hope this analysis serves you well.
Wishing you a profitable week ahead
ETGL Team <3
Hope you are having an amazing Monday.
My overall perspective on gold remains bearish still. Although we had a great 20$ rejection from 1700 Institutional Level, we do believe that there is another leg to the downside where the major liquidity points lie.
I have indicated the general idea and forecast with arrows on the chart.
Hope this analysis serves you well.
Wishing you a profitable week ahead
ETGL Team <3
Note
Beautiful +140 pip drop, partials taken and stops moved to breakeven !Note
more partials takenTrade closed manually
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.